Accurate valuation of inventory is crucial to financial accuracy and business insight. This Riverstone Training's comprehensive guide outlines various inventory valuation methods—including FIFO, LIFO, weighted average cost, and lower of cost or market—explains when to use each one, and demonstrates how each impacts cost of goods sold, net income, and balance sheet presentation. https://rollbol.com/blogs/1992923/In-Depth-Guide-to-Inventory-Valuation-Methods-for-Businesses-and